MBA2579 Q&A Wednesday: How Do I Protect My Idea From Being Stolen?

The $100 MBA Show

Omar Zenhom

Entrepreneurship, Business, Careers, Marketing

4.8 • 2.2K Ratings

🗓️ 29 January 2025

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Is your next big business idea keeping you up at night – not from excitement, but from fear someone might steal it? In this Q&A episode, Omar responds to Thomas’ question about protecting innovative business concepts, and his answer might surprise you. Get ready for some counter-intuitive wisdom that successful entrepreneurs know about business ideas […]

The post MBA2579 Q&A Wednesday: How Do I Protect My Idea From Being Stolen? appeared first on The $100 MBA.

Transcript

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0:00.0	Are you worried somebody might steal your million dollar idea?
0:03.6	Well, let me break it to you.
0:05.7	The idea itself isn't what makes a business successful.
0:09.1	It's all about the execution.
0:12.6	Today is Q&A Wednesday where we answer a question from one of our lists,
0:15.6	there's one of our subscribers.
0:17.0	And today's question is from Thomas.
0:18.5	And he asks, how do I protect my idea from being stolen?
0:22.1	Thomas, I get where you're coming from.
0:24.5	Your idea feels like your baby.
0:27.1	And the thought of someone else running with it,
0:29.6	running with your idea, is terrifying.
0:31.3	But here's the truth.
0:32.6	You can't protect an idea.
0:35.0	I'll explain why in today's episode and show you what to do instead.
0:42.2	Welcome back to the $100 MBA show. I'm your host, Omar Zenholm, where I give you practical
0:46.7	business lessons three times a week, Monday, Wednesday, Friday. My job on this podcast is to help
0:52.1	you start, grow, and scale a business.
0:55.1	Today's Q&A Wednesday's question from Thomas is an important one because many people,
0:59.0	especially in the startup world, are terrified.
1:01.7	Somebody's going to run with their idea.
1:04.3	They're going to steal it.
	...

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